11m ago
KUALA LUMPUR, Feb 4 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (LREIT) reports a 14.3 per cent drop in distribution per unit (DPU) to 1.8 cents for the first half financial results for 2025 (1HFY2025) ended Dec 31 2024, compared to 2.1 cents in the previous year.
11m ago
KUALA LUMPUR, Feb 3 (Bernama) -- Kioxia Corporation, a world leader in memory solutions, has announced the open-source release of its new All-in-Storage ANNS with Product Quantization (AiSAQ) technology.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Various banks, including Public Bank Bhd, Hong Leong Bank Bhd, Standard Chartered Bank Malaysia Bhd and OCBC Bank (M) Bhd, have come forward to offer assistance to their loan and financing customers who are affected by the floods in Sabah and Sarawak.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Awanbiru Technology Bhd (Awantec)’s wholly owned subsidiary, Awantec Systems Sdn Bhd, has entered into eight separate sale and purchase agreements (SPAs) with Puncak Hartanah Intelek Sdn Bhd to dispose of an eight-storey office building for RM25 million.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7 per cent, up from 147.9 per cent in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said.
1y ago
IPOH, Jan 31 (Bernama) -- Malaysia’s real estate transactions value hit RM217.46 billion in 2024, far exceeding the initial target of RM100 billion set at the beginning of the year, said Minister of Housing and Local Government, Nga Kor Ming.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Global air passenger demand reached a record high in 2024, with total traffic rising 10.4 per cent compared to the previous year, according to the International Air Transport Association (IATA).
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$116.22 billion, while other foreign currency assets stood at US$4.50 million as at end-December 2024, said Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- Allianz Malaysia Bhd, through its subsidiary Allianz General Insurance Company (Malaysia) Bhd, is offering a wide range of coverage add-ons to suit customers' property protection needs through its Smart Home Cover policy.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- The micro, small and medium enterprises’ (MSMEs) contribution to the national economy has not met the target set under the 12th Malaysia Plan (12MP), according to Entrepreneur and Cooperatives Development Minister Datuk Ewon Benedick.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has announced the addition of seven new 32-bit microcontrollers to its extensive motor control lineup, all equipped with the Cortex-M4 core.
1y ago
KUALA LUMPUR, Jan 22 (Bernama) -- Malaysia’s international reserves stood at US$115.5 billion as at Jan 15, 2025, compared to US$116.2 billion as at Dec 31, 2024, according to Bank Negara Malaysia (BNM).